On Tuesday, Following Stocks were among the “Top Gainers” of U.S. Stock Market: Kohl’s, (NYSE:KSS), Turquoise Hill Resources, (NYSE:TRQ), Canadian National Railway, (NYSE:CNI), Masco Corporation, (NYSE:MAS)
Kohl’s, (NYSE:KSS), with shares gained 2.13%, closed at $78.25, hitting new 52-week high of $79.30.
Turquoise Hill Resources, (NYSE:TRQ), with shares jumped 4.35%, settled at $3.12.
Canadian National Railway, (NYSE:CNI), with shares climbed 0.97%, and closed at $66.87.
Masco Corporation, (NYSE:MAS), surged 0.95%, and closed at $26.70.
Latest NEWS regarding these Stocks are depicted underneath:
Kohl’s Corp. (NYSE:KSS)
Kohl’s Corp. (KSS), declared an expanding assortment of exclusive active and wellness offerings, new credible partnerships and unique social integrations that further the corporation’s commitment to active and well lifestyles promoted under the Make Your Move initiative launched earlier this year.
“Kohl’s is the go-to destination to Make Your Move, and we have inspired thousands of families to embrace a more active and well life — but we’re not stopping there,” said Michelle Gass, Kohl’s chief customer officer. “We understand families have busy plans and we are providing easy ways to balance family and wellness. This spring, Kohl’s will offer new fitness gear that gets them energized, tips on how to change things up and try new activities, details on great yoga poses from Gaiam and Two Fit Moms, and so much more. No matter what next step, Kohl’s is committed to making a healthy lifestyle accessible to families everywhere.”
Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers. The corporation also sells its products online at Kohls.com and through mobile devices.
Turquoise Hill Resources Ltd. (NYSE:TRQ)
Formerly on March 24, Turquoise Hill Resources Ltd. (TRQ), declared its financial results for the year ended December 31, 2014.
FINANCIAL RESULTS:
In 2014, Turquoise Hill recorded net revenue of $31.8 million ($0.02 per share), with losses (counting charges for impairment) regarding SouthGobi partly offsetting Oyu Tolgoi’s results. Net revenue from ongoing operations was $141.0 million ($0.07 per share), 44% higher than in 2013. The raise follows the first full year of operations at Oyu Tolgoi, delivering gross margin of $372.1 million, or 22.6% of proceed, combined with reduction in general and administrative expenditure. Operating cash flows from ongoing operations were $671.6 million in 2014 as Oyu Tolgoi achieved a full year of sales and reduced inventory levels, generating Turquoise Hill’s first positive annual operating cash flow of $658.3 million.
Additions to property, plant and equipment were $87.7 million in the year, counting about $60.0 million for sustaining capital activities and construction of tailings storage facility. Cash capital expenditure of $203.6 million comprises settlement of accrued payables for additions to property, plant and equipment in preceding years; significantly lower than 2013 at $1.1 billion which comprised of completion and commissioning of open pit operations, underground development for the first half of 2013, and payment of accrued capital payables from 2012.
Turquoise Hill’s cash and cash equivalents at December 31, 2014 were $862.8 million, as the result of positive cash flows from Oyu Tolgoi, and repayment received in full for Turquoise Hill’s $115.0 million Mongolian Treasury Bill, which matured on October 19, 2014.
Turquoise Hill Resources Ltd., together with its auxiliaries, operates as a mining corporation. Its principal material mineral resource property is the Oyu Tolgoi copper-gold mine located in the southern Mongolia.
Canadian National Railway Corporation (NYSE:CNI)
Canadian National Railway Corporation (CNI), will issue its first-quarter 2015 financial and operating results on April 20, 2015, at 4.01 p.m. Eastern Time (EDT).
CN’s senior officers will review the results and the railway’s outlook in a webcast/conference call starting at 4.30 p.m. EDT April 20. Claude Mongeau, CN president and chief executive officer, will lead the call.
Parties in North America wishing to take part in or listen to the first-quarter presentation and question-and-answer period by telephone should call 1-800-355-4959 or 416-641-6122 by 4.20 p.m. EDT on April 20. Overseas parties should call global toll-free 00-800-6578-9898.
Canadian National Railway Corporation, together with its auxiliaries, engages in rail and related transportation business in North America. It offers transportation services that comprise rail, intermodal container, and trucking services; and supply chain solutions, counting warehousing and distribution, cargoflo, logistics parks, freight forwarding, customs brokerage service, industrial development, and marine services.
Masco Corporation (NYSE:MAS)
Delta Faucet Corporation President Jai Shah released a statement regarding the enactment of Indiana’s Religious Freedom Restoration Act on March 26.
“Delta Faucet Corporation is disappointed with the recent enactment of the Indiana Religious Freedom Restoration Act because the Act fundamentally conflicts with one of our most important core values – respect for all individuals,” said Shah. “We live this value every day by embracing diversity and inclusion in our workforce and with customers around the world.”
Founded by Masco Corporation in 1954 with the introduction of the single-handle faucet, Delta Faucet Corporation is proud to be America’s faucet innovation leader, featuring Delta®, Brizo® and Peerless® products. A WaterSense® partner of the U.S. Environmental Protection Agency, Delta Faucet is a global organization offering kitchen and bath faucets, showerheads, tub and shower systems, toilets, bath sinks and related accessories, selling products in more than 53 countries.
Masco Corporation manufactures, distributes, and installs home improvement and building products worldwide. The corporation’s Cabinets and Related Products segment provides cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and kitchen countertops, and integrated bathroom vanity and countertop solutions.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
